As I said a month ago.
May 17 is a terrible time to IPO. Facebook will be fighting against a falling stock market. Operation twist is about to end, and there are a lot of believers in "Sell in May and go away."
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I've heard there are also a lot of believers in "Buy in May, Hip Hip Hooray!". I think both of our believer sayings have about the same amount of credibility...
Sell in may is one of the few statistically proven effects that continues to this day.